Extra Space Storage (EXR) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter ended March 31, 2025 was slightly below the immediately preceding quarter. Compared with the same quarter one year earlier, revenue increased.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter ended March 31, 2025 was slightly below the immediately preceding quarter. Compared with the same quarter one year earlier, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.9M
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$121.6M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $29.9M | +34.5% |
| Sep 30, 2024 | $29.9M | +6.6% |
| Dec 31, 2024 | $31M | +1.9% |
| Mar 31, 2025 | $30.9M | +2.5% |
Revenue performance
The reported revenue direction shows a marginal decline from the prior quarter, breaking a sequence of sequential gains observed in earlier quarters of the prior fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased slightly. Versus the same quarter one year earlier, revenue was higher, maintaining a year-over-year growth trend.
What to watch
The quarter-over-quarter decline warrants monitoring, particularly given the prior trend of sequential increases.